Global Quick Service Restaurants Market Industry Analysis, Size, Share, Growth, Trends and Forecast 2028
Market Forecast The global quick service restaurants (QSR) market size is projected to be valued at USD 577.71 billion by 2028 at a CAGR of 3.65% between 2021 and 2028. QSRs generally operate using the franchise model as this allows the chains to expand rapidly over large areas with the cost of setting up each individual restaurant shared between franchisee and franchisor. However, not all QSRs are franchised and few of them operate under more traditional business models.The traditional view of QSRs serving greasy and unhealthy food such as fried chicken and burgers is changing. For example, Macho Burrito and Bar BURRITO offering authentic Mexican cuisine or Wok Go offering Chinese stir-fry cooked live in front of consumers in a classic Chinese wok. For instance, companies such as Subway and McDonalds are offering healthier options including salads and Deli wraps alongside the traditional burger and fries with the intenti...